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Government-linked companies (GLCs) will step in and take control of DRB-HICOM Bhd if the disputing parties holding a strategic 15.8% stake are not able to settle their differences quickly, warned Finance Minister II Tan Sri Nor Mohamed Yakcop.
Cricket-mad India rejoiced after its cricket team registered a historic maiden Test win on Pakistan soil.
Singapore took out a full-page advertisement in the I>Asian Wall Street Journal /I>yesterday to counter a media blitz by Malaysia on their protracted dispute over a water supply deal.
Perak MCA has taken the first move to mend the rift between rival factions in the state by calling for an emergency meeting Monday following the appointment of the new party president and deputy president.
CELCOM (M) Bhd is due soon to go before its shareholders to seek approval of its proposed acquisition of TM Cellular Sdn Bhd. Yet, the uncertainty caused by its differences with German minority shareholder Deutsche Telekom has undoubtedly cast a pall over the deal.